Shin Hai Gas (TPE:9926) Book Value per Share: NT$24.84 (As of Mar. 2026)

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TPE:9926 Shin Hai Gas Corp TPE:9926
93 GF Score
Price NT$49.60
GF Value NT$56.21
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Shin Hai Gas Book Value per Share?

Shin Hai Gas TPE:9926 -0.40% 93 Book Value per Share is NT$24.84 as of Mar. 2026. GuruFocus rates TPE:9926 with a GF Score™ of 93/100 and a GF Value™ of NT$56.21 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Shin Hai Gas's book value per share for the quarter that ended in Mar. 2026 was NT$24.84.

During the past 12 months, Shin Hai Gas's average Book Value Per Share Growth Rate was 7.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 6.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 5.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 4.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Shin Hai Gas was 7.10% per year. The lowest was 2.60% per year. And the median was 4.25% per year.

Shin Hai Gas's current price is NT$49.60. Its book value per share for the quarter that ended in Mar. 2026 was NT$24.84. Hence, today's PB Ratio of Shin Hai Gas is 2.00.

During the past 13 years, the highest P/B Ratio of Shin Hai Gas was 2.83. The lowest was 1.97. And the median was 2.50.

Good Sign:

Shin Hai Gas Corp stock PB Ratio (=2) is close to 10-year low of 1.97.


Shin Hai Gas  (TPE:9926) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Shin Hai Gas Book Value per Share Related Terms


Shin Hai Gas Book Value per Share Historical Data

* Premium members only.

The historical data trend for Shin Hai Gas's Book Value per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Shin Hai Gas Book Value per Share Chart

Shin Hai Gas Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.04 19.67 21.74 22.92 23.56

Shin Hai Gas Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Book Value per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.12 22.28 23.26 23.56 24.84

TPE:9926 vs ATO, NI, UGI: Book Value per Share Comparison

For the Utilities - Regulated Gas subindustry, Shin Hai Gas's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Shin Hai Gas PB Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Shin Hai Gas's PB Ratio distribution charts can be found below:

* The bar in red indicates where Shin Hai Gas's PB Ratio falls into.


TPE:9926
93GF Score
Shin Hai Gas Corp TPE:9926
Book Value per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shin Hai Gas Book Value per Share Calculation

Shin Hai Gas's Book Value Per Share for the fiscal year that ended in Dec. 2025 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(4,229-0)/180
=23.56

Shin Hai Gas's Book Value Per Share for the quarter that ended in Mar. 2026 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(4,459-0)/180
=24.84

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.

Frequently Asked Questions Learn more about Book Value per Share →
What does a Book Value per Share of NT$24.84 mean?
Shin Hai Gas (TPE:9926) has a Book Value per Share of NT$24.84 as of Mar. 2026. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Shin Hai Gas and its competitors.
Is Shin Hai Gas' Book Value per Share too high?
Shin Hai Gas' current Book Value per Share is NT$24.84. Overall, Shin Hai Gas has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shin Hai Gas' Book Value per Share compare to ATO and NI?
Shin Hai Gas' Book Value per Share of NT$24.84 can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Book Value per Share for an Utilities - Regulated company?
A good Book Value per Share depends on the Utilities - Regulated industry context. However, Book Value per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Book Value per Share mean?
A high Book Value per Share can signal that a stock is expensive relative to its fundamentals. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Shin Hai Gas and its competitors. Shin Hai Gas's current Book Value per Share is NT$24.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shin Hai Gas stock overvalued right now?
Based on GuruFocus' analysis, Shin Hai Gas (TPE:9926) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$56.21, compared to a current price of NT$49.60 — trading 11.8% below its estimated fair value. The current Book Value per Share is NT$24.84. Shin Hai Gas' overall GF Score™ is 93/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Book Value per Share calculated?
Book Value per Share is calculated from a company's financial statements. For Shin Hai Gas (TPE:9926), the current Book Value per Share is NT$24.84 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Shin Hai Gas (TPE:9926) Overvalued in 2026?

Based on GuruFocus' analysis, Shin Hai Gas stock appears to be undervalued. The current stock price of NT$49.60 is trading 11.8% below its estimated GF Value™ of NT$56.21. GuruFocus considers Shin Hai Gas to be Modestly Undervalued.

Key valuation signals for TPE:9926:

  • Book Value per Share: NT$24.84
  • GF Value™: NT$56.21 vs. price of NT$49.60 (11.8% below fair value)
  • GF Score™: 93/100 with 3 warning signs

No single metric tells the full story. See the TPE:9926 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shin Hai Gas Business Description

Address Lixing Road, Section 1, No. 52, Sanchong District, New Taipei City, TWN, 241
Shin Hai Gas Corp is mainly engaged in natural gas supply service, natural gas transmission system construction, sale and installation of gas equipment, and operation and investment of type one telecommunications enterprise. The company's reportable segments include the Gas supply segment, Equipment segment, Telecommunication segment, and Others. The majority of its revenue is generated from the Gas supply segment, which derives income from the sales of natural gas.
93GF Score

Get the complete analysis for TPE:9926

Book Value per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$49.60
Price
NT$56.21
GF Value